Disbursement of foreign capital is expected to
reach around 95.5 million USD. Meanwhile, FDI firms based in the province are
hoped to gross 900 million USD in revenues and contribute roughly 90 million
USD to the local budget this year.

The provincial authorities will take measures to
enable investors to speed up the implementation of projects while resolutely
withdrawing licences of delayed ones.

The province will continue to consider more
mechanisms and policies to attract investment from major economic groups and
strategic investors such as Bitexco, Vingroup, and Banyan Tree, while reforming
investment promotion methods and quickly issuing a list of key projects inviting
investment in all fields from now to 2020.

Thua Thien – Hue will invest in infrastructure in
areas with major projects with competitive products such as the garment-textile
industrial park, Chan May – Lang Co economic zone, and Bach Ma National Park.

The province will apply the one-stop- shop model
in dealing with investment and land procedures.

Nearly 800 million USD was injected into Thua
Thien-Hue in 2017, showing a year-on-year increase of 9 percent.

So far, the province has attracted 97 FDI
projects worth 2.6 billion USD with over 949 million USD disbursed, making up
nearly 30 percent of the total registered capital.

Major foreign investors with effective operation
in the province include Singapore’s Banyan Tree, US HBI Company and Thailand’s
CP Company. Notably, the Laguna Lang Co international-standard resort complex
project, which was invested by Banyan Tree with 850 million USD, has been put
into operation.

The Royal Caribbean Cruises has also poured 5
million USD in upgrading the Chan May seaport to serve the world’s biggest
cruise ships Quantum of the Seas and Oasis of the Seas.-VNA